SOUTH EASTER
SOUTH EASTER is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Best Petroleum Explorations,Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2023 to August 2026, totalling 7,006 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $498K, with roughly $88K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 106 barrels a month. Its strongest month on the record we hold was February 2023, at 1,878 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about SOUTH EASTER
- Who operates SOUTH EASTER?
- SOUTH EASTER is operated by Best Petroleum Explorations,Inc., Railroad Commission of Texas operator number 068287.
- Where is SOUTH EASTER?
- SOUTH EASTER is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 34189.
- Is SOUTH EASTER still producing?
- SOUTH EASTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH EASTER is August 2026.
- How much has SOUTH EASTER produced?
- SOUTH EASTER has reported 7,006 barrels of oil (bbl) to the Railroad Commission of Texas between February 2023 and August 2026, from 1 wellbore.
- How much is SOUTH EASTER worth?
- The remaining production from SOUTH EASTER is estimated to be worth about $498K in total as of 27 August 2026, within a range of $389K to $608K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH EASTER is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH EASTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH EASTER is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH EASTER generate in a year?
- SOUTH EASTER is forecast to net about $88K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOUTH EASTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Best Petroleum Explorations,Inc. |
|---|---|
| Field | Crum (Marble Falls) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 34189 |
| Wellbores | 1 |
| Reported production | 7,006 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $498K |
Where SOUTH EASTER sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.